LG Display reported heavy losses, as the company sees continued weak demand from TV makers. Interestingly, BNP Paribas bank estimates that the LCD TV industry has peaked - and will shrink by 3-4 percent a year. This is due to new displays such as AMOLEDs.
This seems a bit optimistic - as in all probability it will take at least 2-3 years for OLED TVs to really start to gain market in share.
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Posted: Jan 21,2011 by Ron Mertens
